Home GTT sells infrastructure division for USD 2.15 billion

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GTT sells infrastructure division for USD 2.15 billion

2020-10-16 15:50:00| Telecompaper Headlines

(Telecompaper) GTT Communications said it has agreed to sell its infrastructure division to investment group I Squared Capital for USD 2.15 billion. GTT interim CEO Ernie Ortega said the divestment will enable the company to better focus on network investment and the development of high-speed infrastructure services. It will also reinforce GTT's capex light business model and its strategy to develop cloud networking.

Tags: division usd billion infrastructure



T-Mobile Netherlands to acquire MVNO Simpel

2020-10-16 11:49:00| Telecompaper Headlines

(Telecompaper) T-Mobile Netherlands has agreed to acquire Dutch MVNO and Sim-only provider Simpel. No financial details were disclosed about the transaction, which still has to receive approval from regulator ACM.

Tags: netherlands acquire simpel tmobile

Category: Telecommunications



FCC to proceed with clarification of Section 230, which protects social media content from liability

2020-10-16 09:03:00| Telecompaper Headlines

(Telecompaper) Any changes would affect tech companies such as Facebook, Google and Twitter: the section protects them from being held liable for their users' posts. It also allows them to moderate content in good faith, without repercussions. The original executive order by President Trump in May said the companies have gone beyond that "good faith" in their efforts to remove objectionable content, that they were starting to stifle free speech and showing "political bias." At the time, the executive order came under fire from the FCC"s two Democratic commissioners, who said the action was "politically motivated and legally unsound," CNBC reported. Pai says it now has that legal grounding.

Tags: content media social section

Category: Telecommunications



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